Telelogic signs Corporate Agreement with Leading Nordic Telecom Company

Telelogic signs Corporate Agreement with Leading Nordic Telecom Company MALMÖ, Sweden, June 20, 2001 - Telelogic (Stockholm Stock Exchange:TLOG), a world-leading provider of solutions for advanced software development, today announced that it has signed a corporate agreement with a leading Nordic telecom company concerning supply of its world class software development and test tool, the Telelogic Tau SDL Suite and the Telelogic Tau TTCN Suite respectively. The customer is charged a fix price per user with an agreed minimum level of annual users. "This deal shows that it is possible to do business even in the current business climate." says Anders Lidbeck, President and CEO for Telelogic. "With this customer, we already have a corporate agreement for our change management tool, Telelogic Synergy. We are pleased to get a similar agreement for two of our other products. The trend is clear - the choice of development tools is becoming more strategic for our customers and the decisions are being made higher up in the hierarchy. Today's agreement is a good example of this." The parties have agreed not to reveal the value of the agreement. Telelogic expects no significant impact on the financial forecast for year 2001. However, the agreement will underpin and secure this target. About Telelogic (Stockholm Stock Exchange/TLOG) Telelogic is a leading global supplier of solutions for advanced software development. By providing integrated best-of-breed products and professional services for the end-to-end software development lifecycle, Telelogic enables organizations to improve quality and predictability, while reducing time-to-market and overall costs. Built on an open architecture that ensures interoperability with other leading third- party solutions, Telelogic's products are based on international standardized languages and notations. Telelogic participates in 3GPP, Bluetooth SIG and OMG to monitor and help create future communication technologies and visual software development languages. Named by Forbes Magazine as one of the 300 Best Small Companies in the world, Telelogic is a public and rapidly growing company headquartered in Malmö, Sweden. According to the Venture Development Corporation 2000 report Telelogic is the leading solution supplier in the embedded market, and Telelogic DOORS has been named the market leader for requirements management in the Standish Group's 2000 report. Customers include Airbus, Alcatel, BMW, Boeing, British Telecom, Cisco, DaimlerChrysler, Deutsche Bank, Ericsson, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Philips and Siemens. Telelogic's worldwide presence includes offices in Asia, Australia, Europe and North America. For more information about Telelogic and how it can benefit your development efforts, visit the website at www.telelogic.com. Telelogic, Telelogic Tau, Telelogic DOORS and Telelogic Synergy are trademarks of Telelogic. All other products are the trademarks, service marks, or registered trademarks of their respective holders. Contacts: Anders Lidbeck Catharina Sundelin President & CEO Director of Information & Investor Relations Telelogic AB Telelogic AB Phone: +46 40-17 47 00 Phone: +46 40-17 47 30 Fax: +46 40-17 47 Fax: +46 40-17 47 47 E-mail:anders.lidbeck@telelogic.com E-mail:catharina.sundelin@telelogic.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/20/20010620BIT01280/bit0002.doc http://www.bit.se/bitonline/2001/06/20/20010620BIT01280/bit0002.pdf